Log in
Lost password
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  News


Latest NewsCompaniesMarketsEconomy & ForexCommoditiesHot NewsMost Read NewsRecomm.Business LeadersVideosCalendar 

Bank Zachodni WBK SA : Change of arrangements between Banco Santander S.A. and KBC Bank NV regarding the merger of Bank Zachodni WBK S.A. and Kredyt Bank S.A.

12/17/2012 | 08:55am US/Eastern

17 December, 2012

Change of arrangements between Banco Santander S.A. and KBC Bank NV regarding the merger of Bank Zachodni WBK S.A. and Kredyt Bank S.A.

With reference to the current report no. 2/2012 dd. 28 February 2012, Bank Zachodni WBK S.A. ("the Bank") announce that on 17 December 2012 it learned from Banco Santander S.A., its majority shareholder, about the change of arrangements made with KBC Bank NV regarding the merger between the Bank and Kredyt Bank S.A. According to such information, Banco Santander S.A. and KBC Bank NV have agreed to withdraw the commitment from Banco Santander, S.A. to purchase from KBC Bank NV a 5% stake in the merged Bank, as mentioned in the communication by KBC Bank NV on 4 December 2012.

Legal basis:
art. 56 (1) of the Act of 1 July on Initial Public Offerings, Conditions for Admitting Financial Instruments to Organised Trading and on Public Companies

distributed by
React to this article
Latest news
Date Title
05:44p KICKING HORSE ENERGY : Announces Court Approval of Settlement of Class Action Proceedings
05:41p NEXEN ENERGY ULC : Petroleum UK Shortlisted for Four Industry Awards
05:41p SOPHEON : Impediments to Developing High-Value Ideas
05:40p TWITTER : plans layoffs next week: Re/code
05:40p Fitch Rates Advocate Health Care's (IL) Series 2015B Revs 'AA'; Outlook Stable
05:40p Phoenix Attorney Jeffrey Phillips Releases Service FAQs
05:39p SHAKE SHACK : What's Longer Than The Shake Shack Line At Citi Field?
05:38p CYBERCOM : Writes Own Software: Accelerating Acquisition
05:36p PETROLEO BRASILEIRO PETROBRAS : Clarification on News Article: Divestment in Mature Fields
05:36p AVIANCA : News published by Media
Latest news
Hot News 
ADGORITHMS : Annual Earnings To Miss Expectations On Market Disruption
6D GLOBAL TECHNOLOGIES : SIXD Levi & Korsinsky, LLP Announces the Commencement of an Investigation Involving Possible Securities Fraud Violations by Certain Officers and Directors of 6D Global Technologies, Inc.
UTi Announces Agreement to be Acquired by DSV in Transaction Valued at $1.35 Billion
SMART TECHNOLOGIES : Updates Financial Outlook and Announces Strategic Review
SOLARWINDS : DameWare Remote Support Enhances Over-the-Internet Desktop Troubleshooting Capabilities
Most Read News
12:45a MINISTRY OF FINANCE OF REPUBLIC OF INDONESIA : Government Decreases Oil Fuel, Gas and Electricity Prices through 3rd Economic Policy Package
01:39a Amal is a real jewel
10/08 DAIRY AUSTRALIA : New RD&E model to drive Victorian dairy farm profitability
12:01a To Defend Payments Businesses, Banks Must Focus on Customer Pain Points
Most recommended articles
05:40p TWITTER : plans layoffs next week: Re/code
05:35pDJEx-Lehman Trader Loses Out on 'Double-Dip' Bonus of $83 Million
05:34p EXCLUSIVE : GE nears deal to sell over $30 billion of loans to Wells Fargo - source
05:29p Commodity surge lifts world equities; dollar falls
05:27pDJFISCHER : Projections for 2015 Rate Raise Reflect Fed's 'Underlying Thinking'